Starbucks

Starbucks to ditch extra charge for milk substitutes

Starbucks has announced that it will no longer charge extra for customising beverages with a non-dairy milk as of Thursday…

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Starbucks suspends FY guidance as Q4 revenues fall 3% to $9.1bn

Starbucks has decided to suspend its financial guidance for 2025, as consolidated net revenues dipped 3% to $9.1bn (£7bn) during…

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Starbucks acquires 23.5 Degrees

Starbucks has announced its acquisition of franchise group 23.5 Degrees in the UK earlier this week for an undisclosed amount.…

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Starbucks appoints Chipotle boss as new CEO

Starbucks has announced the appointment of Brian Niccol to the role of chairman and CEO, effective from 9 September this…

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Starbucks revenues dip 2% to $8.6bn in Q2

Starbucks net revenues declined 2% to $8.6bn (£6.8bn) during the 13 weeks ended 31 March.  The group’s global sales also…

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Starbucks to open 100 new sites in FY24 amid sales growth

Starbucks UK plans to open an additional 100 new sites in FY24, as total revenues rose 21.9% to £547.7m for…

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Starbucks net revenues rise 11% to $36bn in FY23

Starbucks has announced that net revenue increase of 11% to $35.9bn (£29.4bn) for the full year ended on 1 October…

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Former Starbucks CEO steps down from board

Starbucks has announced that Howard Schultz, the company’s modern-day founder and chairman emeritus, has stepped down from the board of…

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23.5 Degrees opens 100th Starbucks location

Starbucks first UK franchised business partner, 23.5 Degrees, has recently opened its 100th store in Tamworth.  The opening is part…

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Starbucks appoints Laxman Narasimhan as new CEO

Starbucks has announced that its new CEO, Laxman Narasimhan, has officially assumed the role, succeeding founder and now former CEO,…

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